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Earnings per Share (Tables)
3 Months Ended
Apr. 02, 2023
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share:

 
Three Months Ended
 
(in millions, except per share data)
 
Apr. 2,
2023
   
Apr. 3,
2022
 
Net income attributable to Minerals Technologies Inc.
 
$
37.0
   
$
44.1
 
                 
Weighted average shares outstanding
   
32.5
     
33.1
 
Dilutive effect of stock options and deferred restricted stock units
   
—
     
0.1
 
Weighted average shares outstanding, adjusted
   
32.5
     
33.2
 
                 
Basic earnings per share attributable to Minerals Technologies Inc.
 
$
1.14
   
$
1.33
 
                 
Diluted earnings per share attributable to Minerals Technologies Inc.
 
$
1.14
   
$
1.33